Equities analysts expect Engility (NYSE:EGL) to announce $471.64 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Engility’s earnings, with the highest sales estimate coming in at $477.36 million and the lowest estimate coming in at $468.00 million. Engility posted sales of $494.67 million during the same quarter last year, which suggests a negative year over year growth rate of 4.7%. The business is expected to announce its next quarterly earnings report on Thursday, August 2nd.
On average, analysts expect that Engility will report full year sales of $1.88 billion for the current financial year, with estimates ranging from $1.87 billion to $1.89 billion. For the next fiscal year, analysts expect that the business will post sales of $1.91 billion per share, with estimates ranging from $1.90 billion to $1.93 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Engility.
Engility (NYSE:EGL) last posted its quarterly earnings data on Thursday, March 1st. The aerospace company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.43 by $0.11. The business had revenue of $464.86 million for the quarter, compared to analysts’ expectations of $464.01 million. Engility had a negative net margin of 1.85% and a positive return on equity of 11.70%.
Several research firms recently commented on EGL. Cowen raised shares of Engility from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a research report on Thursday, May 3rd. ValuEngine raised shares of Engility from a “hold” rating to a “buy” rating in a research report on Tuesday, March 27th. Wells Fargo set a $25.00 price target on shares of Engility and gave the stock a “hold” rating in a research report on Friday, March 2nd. Zacks Investment Research raised shares of Engility from a “sell” rating to a “hold” rating in a research report on Tuesday, May 1st. Finally, Maxim Group reissued a “hold” rating on shares of Engility in a research report on Friday, March 2nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $34.17.
EGL traded up $0.10 during trading on Friday, hitting $30.30. The company had a trading volume of 400 shares, compared to its average volume of 130,782. The stock has a market capitalization of $1.11 billion, a P/E ratio of 12.96, a P/E/G ratio of 3.14 and a beta of 1.72. Engility has a one year low of $21.19 and a one year high of $35.63. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.35.
A number of large investors have recently modified their holdings of EGL. Wells Fargo & Company MN lifted its position in Engility by 54.1% during the 3rd quarter. Wells Fargo & Company MN now owns 21,945 shares of the aerospace company’s stock worth $761,000 after buying an additional 7,706 shares in the last quarter. Convergence Investment Partners LLC acquired a new position in shares of Engility during the 4th quarter worth about $1,538,000. Schwab Charles Investment Management Inc. increased its stake in shares of Engility by 12.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 88,386 shares of the aerospace company’s stock worth $2,508,000 after purchasing an additional 9,483 shares during the last quarter. Alpha Windward LLC increased its stake in shares of Engility by 15.2% during the 4th quarter. Alpha Windward LLC now owns 18,240 shares of the aerospace company’s stock worth $517,000 after purchasing an additional 2,400 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Engility by 2.2% during the 4th quarter. Victory Capital Management Inc. now owns 921,727 shares of the aerospace company’s stock worth $26,149,000 after purchasing an additional 20,184 shares during the last quarter. 94.14% of the stock is currently owned by hedge funds and other institutional investors.
Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.
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